4681 Overseas Highway, Marathon, FL 33050

$1,500,000

Property Type: Business Opportunity Lot Size (sq. ft.): 89,298 Status: Closed

Current Price: $1,500,000 List Date: 7/29/2016 Last Modified: 5/15/2020

Description

Money making water sports business opportunity in Marathon. Vacation Boat Rentals aka Marina Junction. Check out one of the most advanced boat rental websites in the business at www.VacationBoatRentals.com. Grossed over $1.8 million in 2015 and total owner benefits add up to net income over $550,000 per year and growing. Solid set of books and seller's accountant can back up numbers. Fleet of over 40 boats and fixed assets of over $1.2 million included plus business name, numbers and sophisticated website. Business started by owner over 10 years ago & ready to retire. Opportunities for new owner to take business to the next level. Commercial waterfront property is currently leased but may be purchased with owner financing. See us for details.

More Information MLS# 123578

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $1,500,000 Listing Date: 2016-07-29 Sold Price: $1,500,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: MARATHON Mile Marker: 46.8 Side: Ocean Alternate Key #: 11203 Bldg Nbr: 0 Legal: Business leasehold only, known as Marina Junction and/or Vacation Boat Rentals Taxes: 11520 Tax Year: 2015 Street #: 4681 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Misc Marathon West (49.0) County: Monroe Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Lot SqFt: 89298 Business Name: Vacation Boat Rental # Parking Spaces: 0 # Stories: 0 Building Ht. Ft.: 0 Total # Buildings: 0 Building SqFt: 840 Style: Business Opportunity Year Built: 1985

Remarks & Misc

Remarks – Consumer: Money making water sports business opportunity in Marathon. Vacation Boat Rentals aka Marina Junction. Check out one of the most advanced boat rental websites in the business at www.VacationBoatRentals.com. Grossed over $1.8 million in 2015 and total owner benefits add up to net income over $550,000 per year and growing. Solid set of books and seller's accountant can back up numbers. Fleet of over 40 boats and fixed assets of over $1.2 million included plus business name, numbers and sophisticated website. Business started by owner over 10 years ago & ready to retire. Opportunities for new owner to take business to the next level. Commercial waterfront property is currently leased but may be purchased with owner financing. See us for details. Directions: MM 46.8 Oceanside, north of and directly next door to the Home Depot in Marathon.

Type

Boat Care: 1 Boat Sales/Service: 1 Marina: 1

Dockage

Dock: Other Boat Slip: 1 Seawall: Other

Waterview

Canal View: 1

Construction

Other: 1

Utilities

FKAA: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Electric: 1 Sewer: 1 Water: 1

Status Change Info

Sold Date: 2016-11-22 Sold Price: $1,500,000 Status: Closed

Property Features

Type: Boat Care; Boat Sales/Service; Marina Construction: Other Dockage: Boat Slip Utilities: FKAA Waterview: Canal View Tenant Paid: Electric; Sewer; Water

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: May - 15 - 2020

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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